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GFL International Exits Substantial Holding in PLS Group via A$161m Block Trade

Story Highlights
  • PLS Group Limited, formerly Pilbara Minerals, is a major Australian lithium producer supplying global battery markets.
  • GFL International sold 32.19 million PLS shares at A$5.00, ending its substantial holding and reshaping the company’s shareholder base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GFL International Exits Substantial Holding in PLS Group via A$161m Block Trade

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The latest update is out from Pilbara Minerals ( (AU:PLS) ).

GFL International Co., Limited has ceased to be a substantial shareholder in PLS Group Limited after divesting its stake via an on‑market block trade. On 27 January 2026, GFL sold 32.19 million ordinary shares in PLS at A$5.00 per share, removing its substantial holder status and signalling a notable shift in the company’s share register that may alter the balance of its institutional investor base and potentially increase the free float available to other market participants.

The most recent analyst rating on (AU:PLS) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Pilbara Minerals stock, see the AU:PLS Stock Forecast page.

More about Pilbara Minerals

PLS Group Limited, formerly Pilbara Minerals Limited (ASX: PLS), operates in the resources sector and is known as a major Australian lithium company focused on the exploration, development and production of lithium-bearing spodumene concentrate for global battery and electric vehicle supply chains.

Average Trading Volume: 29,073,992

Technical Sentiment Signal: Buy

Current Market Cap: A$16.36B

Learn more about PLS stock on TipRanks’ Stock Analysis page.

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